Without tax hike, UC tuition could rise by $2,400
In approving a new budget for 2012-13, the Legislature agreed to allocate $125 million to UC in exchange for a tuition freeze. The budget also assumes that voters will approve the tax measure placed on the ballot by Gov. Jerry Brown. And if they don’t, UC has been told it will receive an automatic midyear cut of $250 million. So just in case, UC President Mark Yudof is telling the regents just how much of a tuition increase would be needed next winter to make up that potential hit. “It’s $375 million – obviously a huge hit,” said Steve Montiel, UC’s spokesman. Tuition and mandatory fees currently top $13,000, not counting room, board and books. With the increase, the annual figure could approach $16,000.
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by Nanette Asimov, The San Francisco Chronicle.